Vodacom Group have announced that it has entered into an agreement with Synergy Communications, who will acquire 100% of Vodacom Business Africa's (VBA) operations in Nigeria, Zambia and Cote d'Ivoire. The two entities are in the process of concluding the acquisitions, which are subject to the approval of the regulatory authorities within these markets.
The transaction supports Vodacom Group's enterprise strategy in Africa, which has been refocused to grow and strengthen its core business. It will no longer directly service global enterprise customers in these three markets but will rather continue to operate as a pan African telecommunications networks provider through local relationships like the one with Synergy Communications.
